House of Representatives
Tax and Superannuation Laws Amendment (2013 Measures No. 2) Bill 2013
Explanatory Memorandum
(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
|---|---|
| AAT | Administrative Appeals Tribunal |
| ACMA | Australian Communications and Media Authority |
| ATI | adjusted taxable income |
| BAS | Business Activity Statement |
| Commissioner | Commissioner of Taxation |
| Cooper Review | The Review into the Governance, Efficiency, Structure and Operation of Australia's Superannuation System |
| DGRs | deductible gift recipients |
| DIRS | Disaster Income Recovery Subsidy |
| DSTO | dependent spouse tax offset |
| FHSA | First Home Saver Accounts |
| GST | goods and services tax |
| GST Act | A New Tax System (Goods and Services Tax) Act 1999 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| LISC | low income superannuation contribution |
| MLA 1986 | Medicare Levy Act 1986 |
| MYEFO | Mid-Year Economic and Fiscal Outlook |
| NMETO | net medical expenses tax offset |
| PDS | product disclosure statement |
| QAPE | qualifying Australian production expenditure |
| SIS Act | Superannuation Industry (Supervision) Act 1993 |
| SIS Regulations | Superannuation Industry (Supervision) Regulations 1994 |
| TIES | Taxation Issues Entry System |
| TOFA | Taxation of Financial Arrangements |
| TOFA Act | Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 |
| TOFA regime | Taxation of Financial Arrangements regime |